fundamentals of management section 3

Pick the question that is answered by vision statements.

"Where is this organization going?"

What is a mission statement?

) A statement of purpose, describing who the company is and what it does

five guiding criteria for good BHAGs are the following:

1) Set with understanding, not bravado. 2) Fit squarely in the three circles of (a) what you are deeply passionate about (including your core values and purpose), (b) what drives your economic logic, and (c) what differentiates you (what you can be the best in the world at). 3) Have a long time frame—10 to 30 years. 4) are clear, compelling, and easy to grasp. 5) Directly reflect your core values and core purpose.

roles played by mission and vision

1) communicate the purpose of the organization to stakeholders 2)inform strategy development 3)develop the measurable goals and objectives by which to gauge the success of the organization's strategy.

controlling three steps

1) establishing performance standards 2) comparing actual performance against standards 3) taking corrective action when necessary

What is an organizational culture?

A system of shared assumptions, values, and beliefs showing people what is appropriate and inappropriate behavior

How can the leadership in an organization make frontline responsibility effective?

By learning to trust workers and giving them sufficient opportunities to develop quality decision-making skills

How can individuals know if they have been honest in developing their personal mission and vision statements?

By sharing the results of the process with one or more people who are close to them

What is the first step among the tools for generating valuable information about yourself?

Describe your ideal day.

According to the broader definition of visionary leadership, what happens when the mission and vision serve as a form of cruise control?

Efficiency will be achieved with limited hands-on supervision.

What happens when there is a correlation between a manager's leadership style and the productivity and motivation of employees?

Employees will feel a sense of importance and see themselves as part of the process necessary to maintain a successful and profitable business.

Choose a criterion for developing a good BHAG-a big, hairy, audacious goal.

Have a long time frame.

What means integrating decisions about people with decisions about the results an organization is trying to obtain?

Human resources management alignment

Select the first step that should be implemented while identifying one's core mission statement and values.

Identify past successes.

In an organization, when should corrective action be prompted by mission and vision?

In cases where performance falls short of performance objectives

What happens when an organization's mission challenges the status quo?

It creates a need for "change leaders."

Select the point that best describes leading.

It involves influencing others toward the attainment of organizational objectives.

What is an organizational design?

It is a formal, guided process for integrating the people, information, and technology of an organization.

What is a vision statement?

It is a future-oriented declaration of an organization's purpose and aspirations.

In generating valuable information about yourself, what is true of the first step that involves describing your ideal day?

It is designed to include as many sides of you and your enthusiasms as possible.

Which of the following characterizes organizational culture?

It is formulated from the interaction of the employees in the workplace.

Choose the main purpose of applying an organizational design.

It is used to match the form of the organization as closely as possible to the purposes the organization seeks to achieve.

Choose the statement that best describes human resources management alignment.

It means integrating decisions about people with decisions about the results an organization is trying to obtain.

What is true of strategic human resources management?

It reflects the aim of tying the organization's human capital, its people, into the mission and vision.

Pick the right statement for an organizational design.

It should reflect and support the organizational strategy.

Ken wishes to identify his core mission statements and values. He spends sometime identifying few instances at his workplace where he had been successful in the past. He writes them down and identifies a common theme. According to the steps for identifying one's core mission statement and values, what should be Ken's next step?

Ken should identify his core values.

Which guideline should be followed while identifying your core mission statement and values?

Make a list of the ways you could make a difference.

Pick the correct statement regarding mission and vision.

Mission and vision both relate to an organization's purpose and aspirations.

Why are mission and vision most effective when they pervade the leadership of the entire organization, rather than being just the focus of senior management?

Mission and vision guide choices about organizing through an organizational structure and an organizational culture.

What is a formal, guided process for integrating the people, information, and technology of an organization known as?

Organizational design

Pick the right statement regarding mission, vision, and leading.

People will help diffuse a revolutionary philosophy even while the leader (i.e., the founder or CEO) is not present.

Which of the following best describes administrative systems in an organizational structure?

Systems that govern the organization through guidelines, procedures, and policies

Choose the point that should be kept in mind while developing one's personal mission and vision.

The development of a personal mission and vision is exactly the opposite of what most people follow.

Why do mission and vision rarely spell out specific actions firms should take when performance is below expectations?

They are high-level statements.

Choose the statement that is true of mission statements.

They communicate how an organization aims to serve its key stakeholders.

How does a company of large size and magnitude effectively manage and motivate employees from diverse backgrounds and experiences?

They depend on the productivity and performance of their employees.

Pick the correct description of mission statements.

They describe who the company is and what it does.

Why should an organization's mission and vision statements be widely circulated?

They enable employees to better understand the strategy and its implementation.

What is a fact related to mission statements?

They play a critical role in informing strategy development.

How do goals and objectives that flow from an organization's mission and vision provide a basis for assessing actual versus desired performance?

They provide feedback that helps managers assess the degree to which the organization is succeeding.

Why should goals and objectives that flow from an organization's mission and vision ideally be specific and measurable?

They provide feedback that helps managers assess the degree to which the organization is succeeding.

What is a likely result when vision statements create a tension and restlessness with regard to the status quo?

They tend to foster a spirit of continuous innovation and improvement.

Which critical role is played by mission and vision statements?

To communicate the purpose of the organization to stakeholders

Choose a critical role of mission and vision statements.

To inform strategy development

how is an organizational design used?

To match the form of the organization as closely as possible to the purpose's) the organization seeks to achieve

Which of the following components is essential to organizational success and achieving customer satisfaction?

Treat employees as key stakeholders.

Uma is generating ideas for her mission and vision statement. She wants to write what she aims to achieve in her life. She wants her family, friends, and neighbors to talk about how she established a community center for the senior citizens residing in her locality. According to some of the tools for generating valuable information about oneself, what step is being executed by Uma?

Uma is considering how she would like to be remembered.

When will there be a greater need for "change leaders" in an organization?

When a vision statement creates some dissonance with the status quo

Pick the correct guideline that should be followed while generating ideas for your mission and vision.

Write a rough draft (a page of any length) of your mission statement.

bhag

a big, hairy, audacious goal

what is a statement of purpose, describing who the company is and what it does, known as?

a mission statement

what creates a greater need for "changed leaders" in an organization?

a vision statement that creates some demissonance with the status quo

values(shared principles, standards, and goals)

are the beliefs of individual, group, or organization, in which they are emotionally invested.

how do vision statements foster a spirit of continuous innovation and improvement?

by creating a tension and restlessness with regard to the status quo.

controlling

ensures that performance does not deviate from standards

what dies the broader definition of visionary leadership suggest?

if many or most of an organization's employees understand snd identify with the mission and vision, efficiency will increase.

choose the situation where corrective action should be prompted by mission and vision in an organization

in cases where performance falls short of performance objectives

in an organization, when should corrective action br prompted by mission and vision?

in cases where performance falls short of performance objectives

organizing facet of the polc

includes subjects such as organizational design, staffing, and organizational culture.

leading

involves influencing others towards the attainment of organizational objectives

organizational design

is a formal, guided process for integrating the people, information, and technology of an organization

mission statement

is a statement of purpose, describing who the company is and what it does.

organizational culture

is a system of shared assumptions, values, and beliefs showing people what is appropriate and inappropriate behavior

efficiency

is achieved with limited hands-on supervision because the mission and vision serve as a form of cruise control.

what is the definition of a mission statement?

it is a statement of purpose, describing who the company is and what it does.

what is the main purpose of an organizational design?

it is used to match the form of the organization as closely as possible to the purpose the organization seeks to achieve

what si a fact related to strategic human resources management?

it reflects the aim of tying the organization's human capital, its people, into mission and vision.

what management function involves influencing others toward the attainment of organizational objectives?

leading

what is true of vision and mission statement?

mission and vision both relate to an organization purpose and aspirations.

according to the broader definition of visionary leadership, how is efficiency achieved with limited hands-on supervision in an organization?

mission and vision serve as a form of cruise control

what is a system of shared assumptions, values, and beliefs showing people what is appropriate and inappropriate behavior known as?

organizational culture

strategic human resources management(shrm)

reflects the aim of tying the organization's human capital, its people, into mission and vision.

visionary leadership

suggest if many or most of an organization's employees understand and identify with the mission and vision, efficiency will increase because the organization's members "on the front lines" will be making decisions fully aligned with the organization's goals.

in the context of organizational structure, what is a feature of administrative systems?

these systems govern the organization through guidelines,procedures, and policies

pick a reason as to why mission and vision rarely spell out specific actions firms should take when performance is below expectations

they are high level statements

how do goals and objectives that flow from an organization's mission and vision provide a basis for assessing actual versus desired performance?

they provide feedback that helps managers assess the degree to which the organization is succeeding

what is the outcome of mission and vision being high level statements?

they will rarely spell out specific actions firms should take when performance is below expectations

pick a critical role played by mission and vision statements.

to develop the measurable goals by which to gaugr the sucess of an organization's strategy.

what is meant by human resources management alignment?

to integrate decisions about people woth decisions about the results an organization is trying to obtain.

how is an organizational design used?

to match the form of the organization as closely as possible to the purposes the organization seeks to achieve.

vision statements

typically take the form of relatively brief, future-oriented statements.

what is true of vision,mission, and leading

without real change leaders, a revolutionary vision would remain a mere idea of the visionary CEO